BLK
$556.92
Blackrock
$8.51
1.55%
Earnings Details
2nd Quarter June 2020
Friday, July 17, 2020 6:18:00 AM
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Summary

Blackrock Beats

Blackrock (BLK) reported 2nd Quarter June 2020 earnings of $7.85 per share on revenue of $3.6 billion. The consensus earnings estimate was $6.90 per share on revenue of $3.4 billion. The Earnings Whisper number was $6.97 per share. Revenue grew 3.5% on a year-over-year basis.

BlackRock Inc along with its subsidiaries, provides investment management services to institutional clients and to individual investors through various investment vehicles.

Results
Reported Earnings
$7.85
Earnings Whisper
$6.97
Consensus Estimate
$6.90
Reported Revenue
$3.65 Bil
Revenue Estimate
$3.39 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

BlackRock Reports Second Quarter 2020 Earnings

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today released its financial results for the second quarter of 2020. The company’s earnings release and supplemental materials are available via ir.blackrock.com/QuarterlyResults.

Teleconference, Webcast and Presentation Information

Chairman and Chief Executive Officer, Laurence D. Fink, President, Robert S. Kapito, and Chief Financial Officer, Gary S. Shedlin, will host a teleconference call for investors and analysts on Friday, July 17, 2020 at 8:30 a.m. (Eastern Time). Members of the public who are interested in participating in the teleconference should dial, from the United States, (800) 374-0176, or from outside the United States, (706) 679-8281, shortly before 8:30 a.m. ET and reference the BlackRock Conference Call (ID Number 7266989). A live, listen-only webcast will also be available via the investor relations section of www.blackrock.com.

Both the teleconference and webcast will be available for replay by 11:30 a.m. (Eastern Time) on Friday, July 17, 2020 and ending at midnight on Friday, July 31, 2020. To access the replay of the teleconference, callers from the United States should dial (855) 859-2056 and callers from outside the United States should dial (404) 537-3406 and enter the Conference ID Number 7266989. To access the webcast, please visit the investor relations section of www.blackrock.com.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2020, the firm managed approximately $7.32 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock.

Samantha Tortora, Investor Relations
212.810.5397

Brian Beades, Media Relations
212.810.5596

Source: BlackRock, Inc.